Rapid population growth can threaten sustained economic growth if it:
a. leads to diminishing marginal returns in production
b. remains unmonitored by government agencies.
c. enables economies of scale in production to be exploited.
d. leads to increased capital formation.
a
Economics
You might also like to view...
What role does the invisible hand play when two firms are producing in the same competitive industry?
What will be an ideal response?
Economics
The concept of comparative advantage leads to the conclusion that:
A) beneficial trade takes place if one country can produce everything more efficiently than another country. B) trade will benefit the two countries if the relative costs of production differ in the two countries. C) benefits from trade are possible only if all tariffs are eliminated. D) everyone benefits from increased trade both in the short run and the long run.
Economics